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The Complete and Concrete Solution Procedures for Integrated Vendor-Buyer Cooperative Inventory Models with Trade Credit Financing in Supply Chain Management |
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PP: 155-171 |
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doi:10.18576/amis/100115
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Author(s) |
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Kun-Jen Chung,
Shy-Der Lin,
H. M. Srivastava,
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Abstract |
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In today’s manufacturing environment, most enterprises are facing fierce competition from the pressure of the increasing
costs. Thus, naturally, the integrated inventory models are adopted to increase the advantage of reducing the total cost. This paper
explores some vendor-buyer inventory models with trade credit financing under suppliers’ credits linked to the order quantity. The
main purpose of this paper is to adopt and apply the rigorous methods and tools of mathematical analysis to develop the complete and
concrete solution procedures for integrated vendor-buyer cooperative inventory models. The theoretical results presented in this paper
are shown to improve some of the existing results in earlier articles. |
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